https://www.taxtmi.com/acts?id=51613 Rollover relief applies where long term capital gains from sale of a residential house are reinvested in a residential house purchased within one year before or two years after the transfer or constructed within three years. Excess gain over the new asset's cost is charged under section 67 and the new asset's cost is treated as nil for disposals within three years; if gain is not applied before filing, unutilised amounts must be deposited in a specified bank under a notified scheme and are deemed part of the new asset's cost until utilised. en-us Wed, 13 Aug 2025 19:06:22 +0530 Tue, 26 Aug 2025 12:55:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=51613 Rollover relief applies where long term capital gains from sale of a residential house are reinvested in a residential house purchased within one year before or two years after the transfer or constructed within three years. Excess gain over the new asset's cost is charged under section 67 and the new asset's cost is treated as nil for disposals within three years; if gain is not applied before filing, unutilised amounts must be deposited in a specified bank under a notified scheme and are deemed part of the new asset's cost until utilised. Act-Rules Income Tax Wed, 13 Aug 2025 19:06:22 +0530 https://www.taxtmi.com/acts?id=51613